Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

NONE

Explanation:

The change will not be retrospective but prospective because although accounting standards require that when a company changes accounting methods, it needs to restate its assets and income amounts; in the case of inventory is not practicable.

Adjusting previous years inventory balances from FIFO to LIFO will not be possible, hence there will be no prior-year adjustments

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

answer; niosh, the national institute for occupational safety and health;